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Case 5.1
Joan is designing an ethics training program for her company.She decides to build it around the story of the founder of the corporation,Rosa.Rosa's "rags-to-riches" story reveals a woman with strong standards of personal conduct,deep personal values and beliefs,and a pattern of good judgment.Rosa attributes her success to the upbringing she had as a child.A second portion of the training program will review the company's values,ethics code,and policies so that all employees are very clear on where the company stands on key issues and business behaviors.
-Refer to Case 5.1.If Joan's training program is taken to the company's international offices,she needs to be prepared for the fact that
Bolt Of Fabric
A large roll of cloth or fabric that is typically measured in yards or meters, used in manufacturing and sewing industries.
Cost-plus-percentage-of-cost Pricing
A pricing strategy where the selling price is determined by adding a specific percentage markup to a product's cost.
Target Profit Pricing
Setting an annual target of a specific dollar volume of profit.
Target Profit Pricing
A pricing strategy where the selling price is determined by adding a desired profit to the cost of the product.
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